BusinessAI imageIndia's Nifty 50 Hits 5-Month Low Amid Rising Oil Prices and Bond Yields
India's Nifty 50 index closed at a five-month low, impacted by elevated oil prices and rising bond yields. The BSE Sensex dropped 778 points, settling 1,400 points lower from the day's high, with the Nifty ending near 23,100. Market concerns include surging oil prices and fears of interest rate hikes, leading to significant declines in key stock indices.
Reuters·


